Trade, Industry and Energy Ministry’s chief FTA negotiator Lee Kyung-sik led the South Korean delegation in the 5th round of Korea-GCC FTA negotiations held in Riyadh, Saudi Arabia on June 6.

 

The senior FTA negotiator gave opening remarks and facilitated negotiations on relevant products and services, investment, e-commerce, customs clearance, sanitary and phytosanitary measures (SPS), technical barriers to trade (TBT) and SMEs collaboration.

 

The South Korean delegation was composed of officials from various ministries, including the Ministry of Economy and Finance (MOEF), the Ministry of Agriculture, Food and Rural Affairs (MAFRA), the Financial Services Commission (FSC), the Ministry of Oceans and Fisheries (MOF) and the Korea Customs Service (KCS).